Rival Suitors Vie for Knight Capital

Knight Capital Group Inc. veered closer to a sale as two rival trading firms made takeover offers that value the brokerage firm at as much as $1.8 billion.

The Jersey City, N.J., company's board got competing bids Wednesday from Getco LLC, based in Chicago, and Virtu Financial LLC, of New York. Knight directors had hoped to make a decision on the firm's fate by year-end, but Getco accelerated the process by publicly disclosing its...